GBP/USD Forecast October 14, 2013, Technical Analysis

by FX Empire | October 13, 2013 12:00 am
The GBP/USD pair went back and forth during the session on Friday, but as you can see essentially went nowhere. What’s most interesting is that we are still underneath the 1.60 handle, an area that should be...

EUR/USD Forecast October 14, 2013, Technical Analysis

by FX Empire | October 12, 2013 11:59 pm
The EUR/USD pair rose during the session on Friday, but gave back about half the gains in order to form something along the lines of the shooting star. That being the case, looks like the market struggle...

AUD/USD Forecast October 14, 2013, Technical Analysis

by FX Empire | October 12, 2013 11:57 pm
The AUD/USD pair rose during the session on Friday, breaking the top of the hammer from the Thursday session, however you can see that we are still below the 0.95 handle, and as a result we are...

USD/JPY Forecast October 9, 2013, Technical Analysis

by FX Empire | October 9, 2013 8:18 am
The USD/JPY pair tried to rally during the session on Tuesday, but gave back quite a bit of the gains to close just underneath the 97 handle. This of course shows that the market will struggle to...

USD/CAD Forecast October 9, 2013, Technical Analysis

by FX Empire | October 9, 2013 8:17 am
The USD/CAD pair rose during the session on Tuesday, breaking to the 1.0370 handle during the session. However, we still have to worry about the 1.04 handle as being significant resistance, so it does make sense that...

GBP/USD Forecast October 9, 2013, Technical Analysis

by FX Empire | October 9, 2013 8:16 am
The GBP/USD pair fell during the balance of the session on Tuesday, but as you can see found the 1.60 level to be supportive enough to send the market higher and form a nice looking hammer.

EUR/USD Forecast October 9, 2013, Technical Analysis

by FX Empire | October 9, 2013 8:15 am
The EUR/USD pair fell initially during the session on Tuesday, but as you can see bounced enough to form a hammer and show significant signs of support. Because of this, we think that the market will see...

AUD/USD Forecast October 9, 2013, Technical Analysis

by FX Empire | October 9, 2013 8:14 am
The AUD/USD went back and forth during the session on Tuesday but failed to get over the 0.95 handle as one would expect. That resistance of course cause a lot of blockades, and we fully expect the...

USD/JPY Forecast October 8, 2013, Technical Analysis

by FX Empire | October 8, 2013 5:04 am
The USD/JPY pair fell again during the session on Monday, breaking the back of the Friday hammer in order to close below the 97 level. This does suggest that we are going to go lower, but we...

USD/CAD Forecast October 8, 2013, Technical Analysis

by FX Empire | October 8, 2013 5:03 am
The USD/CAD pair tried to rally during the session on Monday, but gave back most of the gains. We seem mired in some type of stagnant situation around the 1.03 handle, and as a result we are...